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Invest-NL Backs Nine-Passenger Electric Aircraft Development

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← All business news Invest-NL Backs Nine-Passenger Electric Aircraft Development
On 5 November, Invest-NL announced a €5 million investment in VÆRIDION as part of a €30 million funding round to develop its fully electric Microliner aircraft. The nine-passenger aircraft is designed for regional journeys of up to 400 kilometres, creating...
On 5 November, Invest-NL announced a €5 million investment in VÆRIDION as part of a €30 million funding round to develop its fully electric Microliner aircraft. The nine-passenger aircraft is designed for regional journeys of up to 400 kilometres, creating potential opportunities for lower-emission short-haul travel. A separate €94.5 million European Innovation Fund grant has also been awarded to the project. The development creates opportunities for regional airports, aviation suppliers and sustainable travel operators. HPC can support tourism research, aviation-market analysis and sustainable transport investment planning.
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